Ai Group Industry Index comes in at -29.9 - ForexCracked
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Event recap AUD

Ai Group Industry Index comes in at -29.9

Published Aug 4, 23:30 UTC
Impact
4/ 10, low
Market reaction Live, FXC rate feed
PairNowSince publish
AUDUSD
Change measured from story publish at 23:30 UTC, from our own MT4 feed.

The Ai Group Industry Index for Australia was released at -29.9. This figure compares to the previous reading of -30. No consensus forecast was available for this release. The index measures activity levels across Australian industries.

Following the release, the Australian dollar showed varied movement against major currencies over the first 15 minutes. AUDNZD saw the largest move, rising +17 pips. This move is larger than the typical median 1-hour move of 5 pips and also exceeds the top-quarter threshold of 7+ pips observed after past AUDNZD releases. AUDJPY moved +2.7 pips, while AUDCHF gained +0.8 pips. AUDCAD declined -0.2 pips, AUDUSD fell -0.9 pips, EURAUD rose +1.1 pips, and GBPAUD increased +1.1 pips. For most pairs, the measured moves so far are small when compared to their historical median 1-hour movements. For example, AUDCAD’s -0.2 pips move is below its median 1-hour move of 3 pips.

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